14 Foolproof Ways to Lower Your Living Expenses
Want that great deal for upgraded Internet and all the move channels? What's another $23 a month? Problem is, before you know it you're sinking in bills and your monthly payments have become a burden. Here are 14 ways to lower your monthly nut and get back to stress-free living.
New Disclosure Rules Impact Condominiums
Residential real estate has changed as of this month. There are new contract forms for Maryland and the District, and the new mortgage disclosure rules issued by the Consumer Financial Protection Bureau are now in effect. And there even is new terminology. A lender is now a creditor and the borrower/buyer is a consumer. The initial Truth in Lending statement and Good Faith Estimate we have used for a number of years has been replaced with the Loan Estimate. And the old-faithful HUD-1 (the settlement statement) has been discarded in favor of a "Closing Disclosure".
Why limited-english speakers could be a gold mine for your businessPeople with a limited proficiency in English -- LPEs to the academics -- total nearly 21 million. Of these, some 5.3 million are heads of households. That’s about 4.5 percent of all households in the United States. The question for the housing community is how to reach them and turn them into homeowners....Read More
Keeping it real: The agent who sold the Playboy Mansion for $105MOn this edition of “Keeping it real,” a new series on Inman, Peter Lorimer sits down with Gary Gold, one of the agents who sold the Playboy Mansion. Gold shares his biggest secrets to success and how to achieve it....Read More
Fannie Mae chooses top 3 affordable housing solutions to developThe first stage of Fannie Mae's challenge to find an interesting solution for affordable and sustainable housing in the country is finished — proposals from teams in Florida, Ohio and Colorado were selected to develop and implement their ideas with guidance from the mortgage lender....Read More
LoanDepot names Jonathan Berkowitz chief innovation officerJonathan Berkowitz will serve as chief innovation officer at loanDepot and mellohome, rejoining his former Keller Williams colleague Chris Heller....Read More
Connect the ICSF Sessions: Navigating the ‘team vs. brokerage’ landscapeHow can teams and brokerages support each other? If this question intrigues you, then you won’t want to miss a series of sessions at ICSF....Read More
The government needs to do more to make housing attainable: reportAccording to the 30th anniversary of the State of the Nation’s Housing by the Joint Center for Housing Studies at Harvard University, even though more than 40 million units have been built over the past three decades, high mortgage rates — which are predicted to climb to more than 5 percent by year’s end — are still causing severe housing woes....Read More
Redfin Chief Economist Nela Richardson departsNela Richardson, Redfin's chief economist has departed from the company, she confirmed to Inman on Wednesday....Read More
This Vancouver man wants to build a free ‘laneway house’ on your property — here’s whyIn an expensive city, people will find all sorts of ways to bring in rental income — and that's why Vancouver businessman Duane Laird wants to build a small house onto a pre-existing commercial or residential lot's back lane for free....Read More
HUD failed to address lead paint dangers in public housing, report findsHUD announced the results of an audit that revealed a lack of adequate oversight of lead-based paint reporting and remediation in public housing nationwide....Read More
5 tips for selling vacation and second homesVacation homebuyers may be on a decline nationally (down from 16 percent to 12 percent according to the latest figures from the National Association of Realtors), but experts who work in this segment of the real estate industry are confident about the continued and growing appeal of their product — even during a possible downturn. Here are five tips for selling second homes....Read More